Long

[ELFBTC] aelf Early Call [350% PP]

Aktualisiert
aelf (ELFBTC’) chart looks much like every other altcoin we’ve been looking at, remember that we like to buy when the prices are low, so I look for bottomed out coins which offer the highest profits potential and lowest risk.

Let’s take a look at aelf now on the daily time frame and get started:

- ELFBTC’ printed the biggest volume bar yesterday since April, after creating a hammer candlestick on the 12th September, when a low point was touched for ELF and many other altcoins.
- EMA50 (magenta line) worked as resistance but this line will be tested again soon. It will take a few days or maybe weeks, but ELFBTC’ is ready to move.

Now let’s take a closer look at the MACD, notice that it has been creating higher lows since March and is about to cross to the bullish side: Snapshot

- These are bullish signals.

Weekly chart: Snapshot

- On the weekly time frame, we can see a clear decrease in volume (red line), followed by a breakout (last green volume bar on the right).
- STOCH and RSI are both oversold.
- Expect additional strong bullish action within 1-2 weeks.


Trade instructions for aelf (ELFBTC’) – Alan Masters

Buy in: 0.0000491 – 0.0000523

Targets by Alan Masters:

(1) 0.0000601
(2) 0.0000651
(3) 0.0000721
(4) 0.0000811

Stop loss: Close weekly candle below 0.0000450.

Capital allocation: <15%.



QUICK ADVICE

Always remember to breath deeply… as much as you can.

Just a few minutes is enough everyday.

But remember… breath deeply, consciously, everyday.

Namaste.
Trade ist aktiv
Trade ist aktiv
Within buy in range. Feel free to buy in, rebuy and reload.
Trade geschlossen: Stop wurde erreicht
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